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Connect × M Your question was answ?? eConnect.> C Secure! H: × e Accounting questionlcx CSecure https//newconnect.mheducation.com/flow/connect.html Ch. 21- Concept Overview Videos (47 minutes) 6 Saved Help Save & Exit Submlt Check my work 8 Required information points Book Knowledge Check 01 Selected information from Marie Corporation's accounting records and financial statements is as follows: Cash paid to acquire machinery Retired conmon stock Proceeds from sale of land Gain from the sale of land Investnent revenue received Cash paid to acquire office equipnent 32,000 59,800 100,800 53,800 72,800 90,803 What are the net cash flows from investing activities that will be reported in the statement of cash flows? (Enter net cash outflows with a minus sign.) actvities ???@) a e 8 10 PM A292018 2

Explanation / Answer

Cash paid to acquire machinery: -32000

Proceeds from sale of lan: 100000

Cash paid to acquire office equipment: -90000

Net Cash flow from investing activities: -22000

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